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ISP Optics Latvia SIA 3 rd MECHANICAL ENGINEERING AND METALWORKING BUSINESS FORUM Latvia, city of Riga, November 25, 2020 Prepared by E.Bedikis

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ISP Optics Latvia SIA3rd MECHANICAL ENGINEERING AND METALWORKING BUSINESS FORUM

Latvia, city of Riga, November 25, 2020

Prepared by E.Bedikis

ISP Optics Confidential – DO NOT DISTRIBUTE

were purchased

Global coverageCompany overview

LightPath (NASDAQ LPTH) Factories:1. LightPath Technologies, USA, Florida2. ISP Optics Latvia, EUROPE, Latvia3. LightPath Technologies, China, Zhenjiang

LightPath & ISP Optics Representatives available in every continent

2019FY:LightPath Technologies revenue: 36.9 MUSDEmployees: 339

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ISP Optics Confidential – DO NOT DISTRIBUTE3

were purchased

Company overviewInfrared Optics Production

For Medical equipment

ISP Optics Corporation is a vertically integrated manufacturer

offering a full range of the infrared products from high-

performance MWIR and LWIR Lens Assemblies to catalog and

custom infrared optical elements.

For Firefiting and Safety

For Hunting

ISP Optics Confidential – DO NOT DISTRIBUTE4

were purchased

For Military and Defence purposes

For Digital Spectroscopy

For Telecom

Company overviewInfrared Optics Production

ISP Optics Confidential – DO NOT DISTRIBUTE

Latvia Facility - Manufacturing

• Current headcount: 104

• Facility totals 2,700 sq.meters

• KBr and NaCI crystal growth

• Volume Manufacturing

• International Sales

• ISO 9001-2015 Registered

• ITAR Compliant Facility

ISP Optics LatviaOverview

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ISP Optics Confidential – DO NOT DISTRIBUTE 6

ISP Optics Latvia RevenueFY 2015 - 2019

2 564 192

$9 457 416

Revenue spread between USA and EU/Near East markets, USD

USA EU/Near East

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ISP Optics Confidential – DO NOT DISTRIBUTE

Complete metrology lab

• Zygo GPI interferometers – wave front error tester• Xonox vertical interferometers – wave front error

tester

• Zygo Zegage White-light interferometer – 3D non-contact profilometer (roughness measurements)

• Taylor Hobson Talysurf PGI Optics and PGI Matrix – 2D contact profilometers (form error and irregularity measurements)

• Visible microscopes – cosmetic inspection

• Micrometers and drop gages – various dimensional measurements

ISP Optics LatviaTesting & Measurement

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ISP Optics Confidential – DO NOT DISTRIBUTE

• ITAR: International Traffic in Arms RegulationsAdministered by US State DepartmentApplies to military technology, including items on U.S. Munitions List

• EAR: Export Administration RegulationsAdministered by US Commerce DepartmentApplies to “dual-use” technology, including items on Commerce Control List

• NLR: No license required by ITAR and EAR

ITAR Prohibited Countries: Afghanistan, Belarus, Burma, Central African Republic,

China, Cuba, Cyprus, Democratic Republic of Congo, Eritrea, Haiti, Iran, Iraq, Lebanon,

Libya, North Korea, Somalia, South Sudan, Sudan, Syria, Venezuela, Zimbabwe

No proposals without written DDTC approval

You must notify DDTC if you know or suspect proposed or actual export to included

country

ISP Optics LatviaControlled Items

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ISP Optics Confidential – DO NOT DISTRIBUTE9

Global Blue Chip CustomersInfrared Optics

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